Residential Income Property with
For Sale
$477,900
Pending
90 Appleton Street, Manchester, NH 03104
Built in 1895, the property has baseboard and radiant heating with paved off-street parking.
Property Size3,695 SF
Days on Market33
Property Features for 90 Appleton Street
General Information
Standard status
Pending
Size
3,695 SF
Total Parking Spaces
2
Property subtype
Residential Income
Zoning
R-1B
Site & Location
Neighborhood
Straw/ Smyth
Taxes and HOA fees
Annual Taxes
$7,254
Amenities
Baseboard, Radiant
Concrete
Paved, Driveway, Garage, Off Street
Storage
New Englander
Building Details
Building Size
3,695 SF
Year Built
1895
Stories
2
Listing Agency:
Cynthia Marple Real Estate
Listed By:
Cynthia A Marple
(603) 568-3434
Source:
Evrealestate
Added: Sep 24
Changed: Oct 25
Last Checked: Oct 24 at 5:10PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cynthia Marple Real Estate
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Investment Insights
Based on property information with market context.
This residential income property is a New Englander-style building constructed in 1895. Heating is provided by baseboard and radiant systems. The property also includes a garage, storage, a driveway, and paved off-street parking, with concrete listed among its interior features. Zoning is R-1B.
The property occupies the corner of Appleton and Ray streets in Manchester, one block north of Webster Street and three blocks east of Elm Street.
The property occupies the corner of Appleton and Ray streets in Manchester, one block north of Webster Street and three blocks east of Elm Street.
Key Highlights
- New Englander‑style building constructed in 1895
- R‑1B zoning
- Garage, driveway, paved off‑street parking, and storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,616
Cap Rate
5.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$532,320
$532.3K
Cap Rate 7%
$380,229
$380.2K
Cap Rate 9%
$295,733
$295.7K
Market Conditions
NOI Build-Up for 2,118 SF
Gross rent
$50.8K $24.00/SF
− Vacancy
−$2.4K −$1.15/SF
EGI
$48.4K $22.85/SF
− OpEx
−$21.8K −$10.28/SF
NOI
$26.6K $12.57/SF
Area
Manchester, NH
Vacancy
4.80%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$532,320
Cap Rate 7%
$380,229
Cap Rate 9%
$295,733
Alternative Uses
Best Use
Apartment 5plus
$380.2K
$332.7K – $443.6K
NOI $26,616 @ 7.0% cap · market cap 5.57%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$520.1K
$455.1K – $606.8K
NOI $36,408 @ 7.0% cap · market cap 7.62%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
1,076
Businesses Nearby
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Business Placement
Demographics for 03104, NH
34,324
Population
15,715
Households
2.2
Avg Household Size
38
Median Age
43%
College-Educated
94%
High-School Grad
8.3 sq mi
ZIP Area
4,135
Density / Sq Mi
$84,513
Median Household Income
$48,513
Median Earnings
$1,455
Median Rent
$364,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Built in 1895, the property has baseboard and radiant heating with paved off-street parking.
Where is this residential income property located?
The property is located at 90 Appleton Street Manchester, NH.
What is the asking price?
The asking price for this property is $477,900.
What are key features of this property?
This property features: New Englander‑style building constructed in 1895; R‑1B zoning; Garage, driveway, paved off‑street parking, and storage
